US Data Response Consumer Prices (Feb.) The 0.5% m/m rise in core consumer prices last month adds to the evidence that inflation remains stubbornly high, but the ongoing fallout from the SVB crisis over the coming days is still likely to... 14th March 2023 · 2 mins read
US Economics Update What the SVB collapse means for the Fed Even if the collapse of several mid-tier banks doesn’t develop into a full-blown systemic crisis, it will more than likely trigger a credit crunch. That raises the risk that the economy will suffer a... 13th March 2023 · 3 mins read
Capital Daily Market to Fed: must try harder Financial markets have a had a rough few days as the rapid collapse of three regional US banks has reawakened the ghosts of 2008. There are three key points to make. 13th March 2023 · 6 mins read
US Commercial Property Data Response Commercial Property Lending (Feb.) Net commercial real estate lending ticked up in February following a slowdown the month prior. That said, monthly lending activity across all sectors remained below the average for 2022. With January... 13th March 2023 · 2 mins read
Event Drop-In: The SVB crisis – What are the risks from here? 1678712400 US authorities intervened on Sunday following the extraordinarily rapid collapse of Silicon Valley Bank last week.
US Rapid Response US Fed, Treasury & FDIC take emergency action to stem bank runs 12th March 2023 · 2 mins read
US Economics Update SVB collapse a reminder of financial risks The circumstances of the Silicon Valley Bank (SVB) collapse are unique enough that it probably won’t trigger a widespread financial contagion. Nevertheless, it is a timely reminder that when the Fed... 10th March 2023 · 3 mins read
Capital Daily Taking stock of the plunge in bond yields US government bond yields have tumbled over the past day or so amid evidence of wage pressures easing in the February US Employment Report and concerns over banking sector risks. As thing stand, we... 10th March 2023 · 7 mins read
US Commercial Property Update West Coast ports to rally while Houston stands resilient Failed dockworker union negotiations on the West Coast have led to further diversion of US imports toward the East and Gulf Coasts, supporting warehousing demand in those markets for longer than... 10th March 2023 · 3 mins read
Canada Economics Weekly Bank maintains high bar for future rate hikes Despite the renewed hawkishness of central bankers elsewhere, the speech that followed the Bank of Canada’s policy announcement this week suggests that the bar to resume rate hikes remains high. 10th March 2023 · 5 mins read
US Economics Weekly Financial risks could spoil Powell's hawkish plans Despite the strength of payrolls last month, the rest of February's labour market data was more mixed - with the unemployment rate rebounding and a smaller monthly gain in average hourly earnings. The... 10th March 2023 · 9 mins read
Canada Data Response Labour Force Survey (Feb.) Employment growth slowed sharply in February but the rise in hours worked suggests that the economy performed well last month. With the low unemployment rate putting upward pressure on wage growth... 10th March 2023 · 3 mins read
